Amendment to Third Schedule updates excise classification framework under Central Excise law for statutory revision. Amendment to the Third Schedule of the Central Excise Act is effected through section 105 of the Finance Act, 2015, directing that the Third Schedule be amended in the manner specified in the Fourth Schedule; the provision delegates the precise modifying text to the Fourth Schedule rather than restating substantive entries within the Third Schedule.
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Amendment to Third Schedule updates excise classification framework under Central Excise law for statutory revision.
Amendment to the Third Schedule of the Central Excise Act is effected through section 105 of the Finance Act, 2015, directing that the Third Schedule be amended in the manner specified in the Fourth Schedule; the provision delegates the precise modifying text to the Fourth Schedule rather than restating substantive entries within the Third Schedule.
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